Zacks Research Upgrades Clariant (OTCMKTS:CLZNY) to “Hold”

Clariant (OTCMKTS:CLZNYGet Free Report) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Morgan Stanley downgraded Clariant from an “overweight” rating to an “underweight” rating in a research report on Monday. The Goldman Sachs Group upgraded shares of Clariant from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Four research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Clariant has a consensus rating of “Reduce”.

Read Our Latest Analysis on Clariant

Clariant Stock Performance

CLZNY stock opened at $9.70 on Tuesday. The business has a fifty day simple moving average of $9.70 and a 200-day simple moving average of $9.94. Clariant has a 52 week low of $8.45 and a 52 week high of $12.16.

Clariant Company Profile

(Get Free Report)

Clariant AG is a Switzerland-based specialty chemicals company that traces its roots back to a spin-off from Sandoz in 1995. Headquartered in Muttenz near Basel, the firm develops, manufactures and markets a broad portfolio of chemical solutions for industries worldwide. While its primary listing is on the SIX Swiss Exchange, Clariant’s shares also trade OTC under the symbol CLZNY, reflecting its global investor reach.

The company operates through three core segments: Care Chemicals, Catalysis and Natural Resources.

Further Reading

Analyst Recommendations for Clariant (OTCMKTS:CLZNY)

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